Right of Offset Clause Example with 15 Variations from Business Contracts

This page contains Right of Offset clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Right of Offset. Notwithstanding any other provision of the Plan or this Agreement, the Company may at any time (subject to any Code Section 409A considerations) reduce the amount of any payment otherwise payable to or on behalf of the Participant by the amount of any obligation of the Participant to or on behalf of the Company that is or becomes due and payable, and the Participant shall be deemed to have consented to such reduction.
Found in CATALYST BIOSCIENCES, INC. contract

Variations of a "Right of Offset" Clause from Business Contracts

Right of Offset. Notwithstanding any other provision of the Plan or this Agreement, the Company Corporation may at any time (subject to any Code Section 409A considerations) considerations), reduce the amount of any payment or benefit otherwise payable to or on behalf of the Participant by the amount of any obligation of the Participant to or on behalf of the Company Corporation or an Affiliate that is or becomes due and payable, and the Participant shall be deemed to have consented to such reduction.
Found in 2 Contracts from GeoVax Labs, Inc.
Right of Offset. Notwithstanding any other provision of the Plan or this the Agreement, the Company may at any time (subject to any Code Section 409A considerations) reduce the amount of any payment otherwise payable to or on behalf of the Participant by the amount of any obligation of the Participant to or on behalf of the Company that is or becomes due and payable, and the Participant shall be deemed to have consented to such reduction.
Found in STREAMLINE HEALTH SOLUTIONS INC. contract
Right of Offset. Notwithstanding any other provision of the Plan or this Agreement, the Company may at any time (subject to any Code Section 409A considerations) reduce the amount of any payment or benefit otherwise payable to or on behalf of the Participant by the amount of any obligation of the Participant to or on behalf of the Company or an Affiliate that is or becomes due and payable, and and, by entering into this Agreement, the Participant shall be deemed to have consented to such reduction.
Found in 9 Contracts from Regional Management Corp.
Right of Offset. Notwithstanding any other provision of the Plan or this Agreement, the Company may at any time (subject to any Code Section 409A considerations) reduce the amount of any payment or other benefit otherwise payable to or on behalf of the Participant by the amount of any obligation of the Participant to or on behalf of the Company or an Affiliate that is or becomes due and payable, and payable and, by entering into this Agreement, the Participant shall be deemed to have consented to such reduction.... View More Arrow
Found in Akoustis Technologies, Inc. contract
Right of Offset. Notwithstanding any other provision of the Plan or this Agreement, the Company may at any time (subject to any Code Section 409A considerations) considerations), reduce the amount of any payment or benefit otherwise payable to or on behalf of the Participant by the amount of any obligation of the Participant to or on behalf of the Company or an Affiliate that is or becomes due and payable, and and, by entering into this Agreement, the Participant shall be deemed to have consented to such reducti...on. View More Arrow
Found in 6 Contracts from Akoustis Technologies, Inc.